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06

July

Special Report: Greece

Greece Special Report - 1

Back in the 1980s, there was a famous credit market analyst named Ed Hart who used to speak of times and circumstances when “the demand for certainty far exceeded the available supply”.  That description applies perfectly to the current crisis in Greece due to its many moving parts, its potential for catalyzing unforeseen consequences, and […]

02

March

Per Stirling Capital Outlook – February 2015

February Capital Outlook - image 1

When Greek Finance Minister Varoufakis was appointed to power a month ago, he launched into negotiations with “the troika” (the European Commission, the European Central Bank and the International Monetary Fund) regarding Greece’s bailout program with all the hubris and tactical aggression of an ancient Spartan warrior (or an expert in the cold war theory […]